Amero

Ever heard of the Amero? Well it hasn’t been advertised much even though some thought has gone into it. The idea is very similar to that of the European Union, an economic synergy represented by a single currency to accelerate economies in all countries involved. If the effect would be anything like in Europe, which they should be, at first it would seem to batter the economy even more, however in the long run it would cause currency stability and high value. However there is one fundamental difference between North America and Europe. Europe has engaged in inter-European projects and alliances, before introducing the Euro, which allowed for a smooth cooperation during and after the transition to the new currency, while North American countries seem more compartmentalized. I guess what I’m trying to say is that there is a sense of Europe united as one, but I can seem to picture North America. I think at least now at the present moment the Amero is a dismal idea. While the Euro had a baseline of economic fecundity and fortitude for entry, the driving force of the Amero, the U.S., is in a economical down time. Also not all countries are of similar wealth conditions, obviously Mexico is economically weaker than either of its two theoretical partners, and this would undoubtedly put more strain on the other economies. This combines with the unknown U.S. economic predicament could possibly bring down any other countries associated with that currency. There appears to be no tangible proof that the Amero is in the work. In 2007, however, conspiracy theorist got a bit too excited as Daniel Carr (coin designer) made a hypothetical Amero coin to raise public interest, unfortunately he attracted the wrong crowed. Is the Amero coming, and does it bode well for its participants?